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[Sulfuric acid] Sulfuric acid market price analysis on July 15

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July 15, 2024, 2:49 PM

Analysis of sulfuric acid market price on July 15

1、 Domestic sulfuric acid market price

Unit: yuan/ton

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Today, the domestic sulfuric acid market price is temporarily stable. As of now, the price of 98% of smelting acid in Shandong is at 80-260 yuan/ton, and the price of 98% of smelting acid in Zhejiang is at 370-430 yuan/ton. Affected by the reduction of production by acid plants in some areas, the supply of sulfuric acid continues to be tight, and the market price has risen to a high level; at present, the overall demand in the downstream market remains strong. The low inventory of acid plants supports the upward trend of prices, and the sulfuric acid market is operating well.

2、 Sulfuric acid price index

According to Tuduo data, the sulfuric acid market price index on July 15 was 425.62, an increase of 0.77 or 0%, from the previous working day.

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3、 market outlook

This week, the start of acid plants is still insufficient, and some acid plants remain in maintenance status. However, the overall demand in the downstream market is strong, with strong support for sulfuric acid. In addition, the demand for fertilizer stocks in the autumn market may increase again in the later period. Acid prices in some regions may be expected to rise again. However, at present, the acid prices are high, and the production costs of titanium dioxide companies are high. The acid prices in some regions may maintain stability, and the overall sulfuric acid market remains high.